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Toward an integrated workforce planning framework using structured equations

Author

Listed:
  • Doumic, Marie
  • Perthame, Benoît
  • Ribes, Edouard
  • Salort, Delphine
  • Toubiana, Nathan

Abstract

Strategic Workforce Planning is a company process providing best in class, economically sound, workforce management policies and goals. Despite the abundance of literature on the subject, this is a common challenge in terms of implementation. Reasons span from the youth of the field itself to broader data integration concerns that arise from gathering information from financial, human resource and business excellence systems. This paper aims at setting the first steps to a simple yet robust quantitative framework for Strategic Workforce Planning exercises. First a method based on structured equations is detailed. It is then used to answer two main workforce related questions: how to optimally hire to keep labor costs flat? How to build an experience constrained workforce at a minimal cost?

Suggested Citation

  • Doumic, Marie & Perthame, Benoît & Ribes, Edouard & Salort, Delphine & Toubiana, Nathan, 2017. "Toward an integrated workforce planning framework using structured equations," European Journal of Operational Research, Elsevier, vol. 262(1), pages 217-230.
    • Handle: RePEc:eee:ejores:v:262:y:2017:i:1:p:217-230
    DOI: 10.1016/j.ejor.2017.03.076
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    References listed on IDEAS

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    1. Gerchak, Yigal & Parlar, Mahmut & Sengupta, S. Sankar, 1990. "On manpower planning in the presence of learning," Engineering Costs and Production Economics, Elsevier, vol. 20(3), pages 295-303, December.
    2. De Bruecker, Philippe & Van den Bergh, Jorne & Beliën, Jeroen & Demeulemeester, Erik, 2015. "Workforce planning incorporating skills: State of the art," European Journal of Operational Research, Elsevier, vol. 243(1), pages 1-16.
    3. Song, Haiqing & Huang, Huei-Chuen, 2008. "A successive convex approximation method for multistage workforce capacity planning problem with turnover," European Journal of Operational Research, Elsevier, vol. 188(1), pages 29-48, July.
    4. Anderson, Edward G., 2001. "Managing the impact of high market growth and learning on knowledge worker productivity and service quality," European Journal of Operational Research, Elsevier, vol. 134(3), pages 508-524, November.
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    Cited by:

    1. Edouard Ribes, 2020. "Organizational sustainability and career frameworks in professional services firms," Economics Bulletin, AccessEcon, vol. 40(1), pages 880-889.
    2. Edouard Ribes & Karim Touahri & Benoît Perthame, 2017. "Employee turnover prediction and retention policies design: a case study," Working Papers hal-01556746, HAL.
    3. Edouard Ribes, 2018. "Growth patterns of US professional services firms," Working Papers hal-01762381, HAL.

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